H&M Profit Misses Estimates as Turnaround Questions Persist
H&M AB reported weaker-than-expected second-quarter earnings, posing a fresh challenge to the Swedish fast-fashion retailer’s turnaround efforts amid intense competition and cautious consumer spending.
By Rafaela Lindeberg · Bloomberg Markets
H&M AB reported weaker-than-expected second-quarter earnings, posing a fresh challenge to the Swedish fast-fashion retailer’s turnaround efforts amid intense competition and cautious consumer spending.